China set its most modest growth target since 1991, in a tacit acknowledgment that the model powering the country's rapid rise for the past four decades is showing strains. Bloomberg's Stephen Engle reports from Beijing.
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Xiaojia Zhi, Credit Agricole Chief China economist, tells Bloomberg TV that China's modest GDP growth targets reflects a desire to boost domestic demand while limiting fiscal support to those sectors where it is most urgently required.
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